- PlanB is a twitter handle popular for predicting and analyzing the market trend of Bitcoin and other crypto coins.
- The next prediction of PlanB says the price of BTC will be above $10k before the scheduled halving of Bitcoin in May.
- He predicted the same Bull Run in both the cases saying the market price will surge to $100K by the winter of 2021.
PlanB is a twitter handle popular for predicting and analyzing the market trend of Bitcoin and other crypto coins. PlanB has given an update of where Bitcoin is headed in this year and the next, the handle shared two predictions on the price of Bitcoin.
At the start of 2020 till now, BTC’s price has not climbed down below $8,200, this means to show that the BTC’s price will not drop to $6K or $4k levels as other analysts are predicting.
The market watchers and graph analysts do not always come under the same prediction, and most of the time, they give mixed observations amidst the volatility of the market.
The next prediction of PlanB says the price of BTC will be above $10k before the scheduled halving of Bitcoin in May. This is visually true as the demand for Bitcoin is growing every day and the cut in the supply of the Bitcoin will directly realize in the rise of its market value.
PlanB the boldly predicted that after the Bitcoin Halving in May will trigger the Bull rally where everyone wants to own the last remaining of the Bitcoin which will push the market value of BTC to the north of $100K before December of 2021.
This was posted on PlanB’s twitter account as an update for the previous post predicting the Bitcoin movement. He previously predicted halving to take place at the $8K mark however BTC is now gliding at $10K mark which would stay true if it remains the same until the halving.
However, he predicted the same Bull Run in both the cases saying the market price will surge to $100K by the winter of 2021. As of today, BTC is doing bearishly on the market with an average of -0.56% and has lost $258.95 from yesterday’s trade at -2.56%.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.